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My daughter is my dependent and receives dividend income. Does she need to file a federal income tax return?

April 26, 2017daughter dependent dividend federal income tax file income Return

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My daughter is my dependent and receives dividend income. Does she need to file a federal income tax return?

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A federal income tax return usually must be filed for a child whose investment income, such as interest and dividends, totals more than $750. For more information, refer to Tax Topic 351, Who Must File. There are special rules that affect the tax on certain investment income of a child under age 14. For more information, refer to Tax Topic 553, Tax On A Child’s Investment Income, or Publication 929, Tax Rules for Children and Dependents.

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A federal income tax return usually must be filed for a child whose income includes investment income, such as interest and dividends, and totals more than $750.